Analysis of Geographic Areas
KLA Corp. operates in 3 regions: Asia; North America; and Europe and Israel.
Area Asset Turnover
KLA Corp., asset turnover by geographic area
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | |
|---|---|---|---|---|---|---|
| Asia | 50.55 | 45.58 | 44.47 | 43.87 | 56.79 | 66.13 |
| North America | 1.87 | 1.55 | 1.87 | 1.70 | 1.71 | 2.00 |
| Europe and Israel | 1.78 | 2.25 | 4.09 | 4.97 | 3.47 | 2.72 |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).
The analysis of the annual geographic area asset turnover ratios reveals distinct trends across three regions over the examined period.
- Asia
- The asset turnover ratio for Asia exhibits a general downward trend from 66.13 in mid-2020 to 43.87 in mid-2022, representing a significant decrease. Following this decline, the ratio stabilizes somewhat, with a slight upward trajectory observed after 2022, culminating at 50.55 by mid-2025. Despite the partial recovery in recent years, the ratio has not returned to its initial level, indicating a moderate improvement in asset utilization but at a level lower than the starting point.
- North America
- The North American asset turnover ratio starts at 2.00 in 2020 and demonstrates minor fluctuations throughout the period. It declines modestly to 1.70 by mid-2022, experiences a slight rebound to 1.87 in 2023, dips again to 1.55 in 2024, and finally returns to 1.87 by 2025. These variations indicate relative stability in asset turnover, with no strong upward or downward trend but rather oscillations around a consistent level slightly below the initial value.
- Europe and Israel
- The ratio for Europe and Israel shows an increasing trend from 2.72 in 2020 to a peak of 4.97 in 2022, more than doubling within the period. After this peak, the ratio declines noticeably to 4.09 in 2023, followed by a sharper decrease to 2.25 in 2024 and further to 1.78 in 2025. This pattern reflects significant volatility, with substantial growth in asset turnover initially but followed by a pronounced contraction ultimately falling below the initial ratio.
Overall, the data indicates a marked decline in asset turnover for Asia over the medium term with signs of recovery in recent years, relative stability with minor fluctuations in North America, and high volatility in Europe and Israel, characterized by an initial rapid increase followed by a steep decline. These dynamics suggest that asset utilization efficiency varies distinctly by region, with Asia facing ongoing challenges, North America maintaining steady performance, and Europe and Israel experiencing pronounced fluctuations likely driven by external or internal changes impacting asset management effectiveness.
Area Asset Turnover: Asia
KLA Corp.; Asia; area asset turnover calculation
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenues | 10,219,654) | 8,201,193) | 8,558,997) | 7,647,176) | 5,756,338) | 4,830,391) |
| Land, property and equipment, net | 202,161) | 179,940) | 192,450) | 174,314) | 101,370) | 73,039) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 50.55 | 45.58 | 44.47 | 43.87 | 56.79 | 66.13 |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).
1 2025 Calculation
Area asset turnover = Revenues ÷ Land, property and equipment, net
= 10,219,654 ÷ 202,161 = 50.55
- Revenues Trend
- The revenues in the Asia geographic area exhibit a generally positive growth trajectory over the observed periods. From June 30, 2020 to June 30, 2021, revenues increased significantly by approximately 19.2%, continuing with another substantial increase of around 32.9% by June 30, 2022. The upward trend persisted through June 30, 2023, with revenues rising to about 8.56 billion US dollars. A slight decline occurred by June 30, 2024, where revenues dropped by nearly 4.2%, followed by a marked recovery and growth of roughly 24.6% by June 30, 2025, reaching over 10.2 billion US dollars. This pattern indicates strong growth potential with minor fluctuations in the mid-period.
- Land, Property and Equipment, Net
- The net value of land, property, and equipment experienced consistent increases, reflecting ongoing investment or asset growth in the region. Starting at about 73.0 million US dollars as of June 30, 2020, the figure rose sharply to 101.4 million by June 30, 2021, and continued to climb to 174.3 million by June 30, 2022. This upward momentum was sustained through June 30, 2023, reaching 192.5 million. A moderate reduction occurred by June 30, 2024, falling to 179.9 million, before increasing again to 202.2 million by June 30, 2025. The fluctuations in asset levels might indicate periods of asset disposal or revaluation, but overall the trend suggests expansion and asset base strengthening over time.
- Area Asset Turnover Ratio
- The area asset turnover ratio reveals a declining trend in efficiency from June 30, 2020 through June 30, 2022, decreasing from 66.13 to 43.87. This indicates that the company generated less revenue per unit of land, property, and equipment during this period, which may reflect challenges in asset utilization or changes in the operational environment. From June 30, 2022 onward, the ratio stabilizes and shows improvement, rising slightly to 44.47 by 2023 and continuing upward to 45.58 by mid-2024, followed by a more notable increase to 50.55 by June 30, 2025. The recent recovery in this metric suggests enhanced efficiency in the use of physical assets to generate revenue.
- Overall Insights
- The Asia region demonstrates significant revenue growth capacity accompanied by expanding asset investment. Although there was a temporary dip in revenue and asset levels around June 30, 2024, both metrics rebounded strongly the following year. The initial decline in area asset turnover suggests that asset utilization efficiency was challenged during early periods, but the recent upward trend in turnover ratio points to operational improvements. This combination of expanding assets and improving efficiency supports a positive outlook for the region's financial performance.
Area Asset Turnover: North America
KLA Corp.; North America; area asset turnover calculation
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenues | 1,362,311) | 1,070,791) | 1,254,956) | 928,043) | 765,974) | 657,550) |
| Land, property and equipment, net | 728,162) | 689,937) | 672,561) | 547,454) | 447,359) | 329,558) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 1.87 | 1.55 | 1.87 | 1.70 | 1.71 | 2.00 |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).
1 2025 Calculation
Area asset turnover = Revenues ÷ Land, property and equipment, net
= 1,362,311 ÷ 728,162 = 1.87
- Revenues
- Revenues in the North America segment have shown general growth over the analyzed period. Starting from approximately 658 million USD as of June 30, 2020, revenues increased steadily, reaching a peak of about 1.25 billion USD by June 30, 2023. Although there was a decline to around 1.07 billion USD in June 2024, the figures rebounded strongly to roughly 1.36 billion USD by June 30, 2025, the highest in the period. This pattern suggests an overall positive revenue trend with some volatility between 2023 and 2024.
- Land, Property and Equipment, Net
- Net value of land, property, and equipment increased consistently each year from 329.6 million USD in mid-2020 to 728.2 million USD by mid-2025. The growth rate appeared robust initially, with significant increments between each year up to mid-2023, and slower but still positive increases thereafter. This steady accumulation indicates ongoing investment in fixed assets within the geographic area, supporting operational capabilities.
- Area Asset Turnover
- The ratio of area asset turnover fluctuated during the period analyzed. Initially, it declined from 2.00 in June 2020 to 1.71 in June 2021, followed by a slight decrease to 1.70 in June 2022. Subsequently, the ratio rose to 1.87 by June 2023, indicating improved efficiency in generating revenue from assets. However, it dropped again to 1.55 in June 2024 before recovering to 1.87 by June 2025. These fluctuations suggest variable efficiency in utilizing area assets to generate revenue, with recoveries in the most recent period approaching previous highs.
Area Asset Turnover: Europe and Israel
KLA Corp.; Europe and Israel; area asset turnover calculation
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenues | 574,197) | 540,263) | 682,103) | 636,664) | 396,422) | 318,483) |
| Land, property and equipment, net | 322,452) | 240,091) | 166,830) | 128,161) | 114,298) | 117,227) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 1.78 | 2.25 | 4.09 | 4.97 | 3.47 | 2.72 |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).
1 2025 Calculation
Area asset turnover = Revenues ÷ Land, property and equipment, net
= 574,197 ÷ 322,452 = 1.78
- Revenues
- The revenues in the Europe and Israel geographic area show an overall increase from 318,483 thousand US dollars in June 2020 to a peak of 682,103 thousand US dollars in June 2023. Following this peak, there is a notable decline to 540,263 thousand US dollars in June 2024, with a slight recovery to 574,197 thousand US dollars projected for June 2025. The data indicates a strong growth period up to 2023, followed by a contraction and marginal rebound in subsequent years.
- Land, Property, and Equipment, Net
- The net value of land, property, and equipment consistently increases throughout the observed period. Starting at 117,227 thousand US dollars in June 2020, the asset base grows steadily each year, reaching 322,452 thousand US dollars by June 2025. This represents nearly a threefold increase over the six years, reflecting significant capital investment or asset acquisition in the geographic area.
- Area Asset Turnover Ratio
- The area asset turnover ratio, which measures the efficiency of asset use in generating revenues, demonstrates a peak of 4.97 in June 2022. This is followed by a decline to 4.09 in June 2023, and a more pronounced decrease to 2.25 and 1.78 in the final two years, respectively. This downward trend despite increasing asset values suggests diminishing efficiency in utilizing the asset base to generate revenues in the latter years.
- Overall Analysis
- The data reveals a phase of rapid revenue growth alongside asset accumulation until mid-2023. However, the subsequent decrease in revenue, together with a continuous rise in asset values, results in a deteriorating asset turnover ratio, signifying less effective use of assets to produce sales. The patterns imply potential operational or market challenges affecting revenue generation efficiency in the Europe and Israel area after 2023.
Revenues
KLA Corp., revenues by geographic area
US$ in thousands
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | |
|---|---|---|---|---|---|---|
| Asia | 10,219,654) | 8,201,193) | 8,558,997) | 7,647,176) | 5,756,338) | 4,830,391) |
| North America | 1,362,311) | 1,070,791) | 1,254,956) | 928,043) | 765,974) | 657,550) |
| Europe and Israel | 574,197) | 540,263) | 682,103) | 636,664) | 396,422) | 318,483) |
| Total | 12,156,162) | 9,812,247) | 10,496,056) | 9,211,883) | 6,918,734) | 5,806,424) |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).
- Overall Revenue Trend
- The total revenues exhibit a consistent upward trend over the observed periods, increasing from approximately $5.81 billion in mid-2020 to about $12.16 billion in mid-2025. This reflects significant growth in the company's geographic area revenues over the six-year span.
- Asia Revenue Analysis
- Revenues from Asia display robust growth throughout the period. Starting at around $4.83 billion in 2020, there is a noticeable increase each year, with a peak in mid-2025 reaching approximately $10.22 billion. The only slight decline occurs between mid-2023 and mid-2024, dipping from approximately $8.56 billion to $8.20 billion, but the trend quickly resumes upwards afterward.
- North America Revenue Analysis
- Revenues in North America also present a consistent increase from mid-2020 to mid-2025, rising from about $658 million to roughly $1.36 billion. There is a significant jump between mid-2021 and mid-2023, with revenues growing from approximately $766 million to $1.25 billion. A minor decline is observed between mid-2023 and mid-2024 before recovering and surpassing previous figures in mid-2025.
- Europe and Israel Revenue Analysis
- The Europe and Israel region shows a less stable pattern compared to other areas. Revenue grows steadily from around $318 million in mid-2020 to a peak of about $682 million in mid-2023. After this, a decrease occurs in mid-2024 to approximately $540 million, followed by a slight recovery to about $574 million in mid-2025. Despite fluctuations, this region maintains an overall growth trend.
- Comparative Insights
- Asia remains the largest contributor to total revenues, accounting for a major share of the overall increase. North America, although smaller in absolute terms, demonstrates strong growth, especially between mid-2021 and mid-2023. Europe and Israel's revenues grow at a slower pace and experience volatility in recent periods. The total revenue growth is predominantly driven by the expansion in Asia and North America.
Land, property and equipment, net
KLA Corp., land, property and equipment, net by geographic area
US$ in thousands
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | |
|---|---|---|---|---|---|---|
| Asia | 202,161) | 179,940) | 192,450) | 174,314) | 101,370) | 73,039) |
| North America | 728,162) | 689,937) | 672,561) | 547,454) | 447,359) | 329,558) |
| Europe and Israel | 322,452) | 240,091) | 166,830) | 128,161) | 114,298) | 117,227) |
| Total | 1,252,775) | 1,109,968) | 1,031,841) | 849,929) | 663,027) | 519,824) |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).
The data on land, property, and equipment net values across geographic areas from June 30, 2020, through June 30, 2025, reveals a consistent upward trend overall, reflecting an increase in asset values over time.
- Asia
- The values in Asia increased significantly from 73,039 thousand US dollars in 2020 to 202,161 thousand US dollars in 2025. The most notable growth occurred between 2020 and 2022, where the value more than doubled from 73,039 to 174,314 thousand US dollars. After reaching a peak in 2023 at 192,450 thousand US dollars, there was a slight decline in 2024 before rising again in 2025.
- North America
- North America exhibits a steady and substantial increase in asset values, starting from 329,558 thousand US dollars in 2020 and growing to 728,162 thousand US dollars by 2025. The increase each year is consistent, with the largest annual rise noted between 2021 and 2022 as well as continued strong growth thereafter, indicating a robust expansion in this region’s asset base.
- Europe and Israel
- The Europe and Israel segment shows progressive growth, increasing from 117,227 thousand US dollars in 2020 to 322,452 thousand US dollars in 2025. The growth appears particularly strong from 2022 onward, with a significant jump between 2023 and 2025. This suggests increased investment or asset accumulation activities in this region during the latter years.
- Total
- The total net value of land, property, and equipment across these regions follows a clear upward trajectory, rising from 519,824 thousand US dollars in 2020 to 1,252,775 thousand US dollars in 2025. The growth is continuous each year, reflecting increased capitalization on fixed assets which could indicate expansion efforts or asset revaluations across all geographic areas.
In summary, the cumulative data demonstrates a strong and steady increase in net land, property, and equipment values across all reported regions over the six-year period. North America consistently holds the largest share, followed by Europe and Israel, with Asia showing more volatility but also notable growth. These trends might indicate strategic investment in fixed assets aligned with regional growth priorities.